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July 20, 2010
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News about Bankruptcy in Syracuse and nationwide:

U.S. Trustee Program Announces Stipulated Agreement
            WASHINGTON, D.C.–The United States Trustee Program announced today that it ...
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Definitions Accountant Continue On Page...2
(16) “equity security” means— (A) share in a corporation, whether or not transferable or denominated “stock”, or similar security; (B) interest of ...
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Bankruptcy Terms

 


Today's Terms

Bankrupt

Definition:
The entity that files a bankruptcy; the debtor; the insolvent entity. This is a non-technical term and is not used in the Bankruptcy Code.

Post-petition

Definition:
Occurring after the filing of a petition. Preference - a payment by a debtor made during a specified period (90 days or one year) prior to the filing that favors one creditor over others.

Debtor

Definition:
The entity seeking protection from creditors under the bankruptcy laws.

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Bankruptcy Resources
 


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Bankruptcy Hot Topics
 
Topics Related to Bankruptcy:

  • Chapter 7
  • Chapter 13
  • Chapter 11
  • Chapter 12
  • Chapter 9

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Syracuse Bankruptcy Attorney
 
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